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Qingci Games (HKSE:06633) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)


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What is Qingci Games LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Qingci Games's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Qingci Games's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.02) to Jun. 2024 (0.02).

Qingci Games LT-Debt-to-Total-Asset Historical Data

The historical data trend for Qingci Games's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qingci Games LT-Debt-to-Total-Asset Chart

Qingci Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial - 0.01 0.01 0.01 0.02

Qingci Games Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.02 0.02 0.02

Qingci Games LT-Debt-to-Total-Asset Calculation

Qingci Games's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=38.465/2186.276
=0.02

Qingci Games's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=34.879/2137.925
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qingci Games  (HKSE:06633) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Qingci Games LT-Debt-to-Total-Asset Related Terms

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Qingci Games Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Qingci Games Inc (HKSE:06633) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:03798 HKSE:00302 HKSE:02660 HKSE:06820 HKSE:00799 HKSE:01119 HKSE:09990 HKSE:01909 HKSE:01961 HKSE:02400 MEX:ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
5th Floor, 4 Wang Hai Road, Xiamen Software Park II, Fujian Province, Xiamen, CHN, 361008
Website
https://www.qcplay.com
Qingci Games Inc is a integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.
Executives
Keiskei Holding Ltd.
Yang Family Holding Limited
Yang Xu
Xia Men Ji Xiang Gu Quan Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
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Uc Mobile International Limited 2201 Interest of corporation controlled by you
Qookka Entertainment Limited 2101 Beneficial owner
Ejoy.com Inc. 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
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Ali Uc Investment Holding Limited 2201 Interest of corporation controlled by you
Intelligence Qc Ltd. 2101 Beneficial owner
Ye Jiting 2201 Interest of corporation controlled by you

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